Encana Corporation (TSE:ECA) Files An 8-K Results of Operations and Financial Condition
ITEM2.02
|
Results of Operations and Financial Condition. |
On May2, 2017, Encana Corporation (the Corporation) issued a news
release announcing its financial results for its first quarter
ended March31, 2017. A copy of the news release is attached as
Exhibit 99.1 to this Current Report on Form 8-K.
The information under Item 2.02 of this Current Report on
Form 8-K, including Exhibit 99.1 attached hereto, shall not be
deemed filed for purposes of Section18 of the Securities Exchange
Act of 1934, as amended (the Exchange Act), or otherwise subject
to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Exchange Act or
Securities Act of 1933, as amended, except as expressly set forth
by specific reference in such a filing.
| ITEM8.01 | Other Events. |
Quarterly Dividend
In its May2, 2017 news release, the Corporation also
announced that its Board of Directors had declared a quarterly
dividend of $0.015 per share on the Corporations outstanding
common shares. The dividend is payable on June30, 2017 to holders
of record at the close of business on June15, 2017. A copy of the
news release is attached as Exhibit 99.1 to this Current Report
on Form 8-K.
| ITEM9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| ExhibitNo. | Exhibit Description | |
| Exhibit99.1 | News Release dated May2, 2017. |
About Encana Corporation (TSE:ECA)
Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Company operates through three segments: Canadian Operations, USA Operations and Market optimization. The Company’s Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. Market Optimization segment is responsible for the sale of the Company’s production and managing the associated netback price. Market Optimization sells the Company’s upstream production to third-party customers. Encana Corporation (TSE:ECA) Recent Trading Information
Encana Corporation (TSE:ECA) closed its last trading session down -0.05 at 14.56 with 1,987,715 shares trading hands.